Explore average pricing, vintages, and technologies for carbon credits originating from Colombia.
Access verified Colombia I-REC certificates and RENARE-registered carbon credits. In Colombia, corporate clean energy claims are driven by International Renewable Energy Certificates (I-RECs). Renewable Energy Certificates and Colombia Carbon Credits through Hestiya's transparent, blockchain-powered marketplace, built for Colombia ESG Reporting, Scope 2 reduction and Net-Zero strategies.
Share of Colombia's power mix from non-hydro renewables as of early 2026
Colombia's Net-Zero target under its E2050 Long-Term Climate Strategy
Year-on-year growth in I-REC redemptions, reaching roughly 4 TWh
Minimum share of electricity supply mandated from non-conventional renewables (FNCER) since 2023
Colombia's power system remains anchored by large hydropower, which accounts for roughly two-thirds of the country's installed generation capacity. These trace 1 MWh of renewable generation, enabling companies to meet Scope 2 carbon neutrality targets, CDP reporting, and RE100 standards. However, solar and wind are scaling quickly under the government's push to diversify the grid. Non-Conventional Renewable Energy Sources (FNCER), established under Law 1715 of 2014 and reinforced by a mandatory 10% supply share since 2023, are positioning Colombia as one of Latin America's fastest-growing markets for verifiable, tradeable Energy Attribute Certificates, with the International Renewable Energy Certificate (I-REC) standard as the country's internationally recognised instrument for proving renewable electricity consumption.
As global supply chains tighten disclosure requirements, there is an increasing demand for Colombia ESG data, Renewable Energy Certificates, Green Energy Certificate-style domestic instruments, Energy Attribute Certificates, carbon credits, Net-Zero commitments, and Decarbonization strategies that prove renewable electricity consumption and emissions reduction. Corporations with operations, suppliers, or sourcing relationships connected to Colombia are increasingly seeking credible ways to support Colombia's ESG goals, Scope 2 Renewable Energy Certificates claims, and broader Net-Zero commitments.
Hestiya provides access to verified climate assets through a transparent, blockchain-powered marketplace, spanning I-REC certificates, Renewable Energy Certificates, Energy Attribute Certificate documentation, and RENARE-registered carbon credits. Buyers and developers alike can discover, evaluate, and transact Colombia-based climate assets in one place, backed by verifiable ownership records and retirement documentation suited to formal Colombia ESG Reporting disclosures.
Hydropower has long underpinned Colombia's grid, but solar is now the fastest-growing segment across both centralised and small-scale generation, concentrated in the Caribbean region and the high-irradiance department of La Guajira, which also holds some of the continent's strongest wind resources. Fundación ECSIM is Colombia's accredited I-REC Issuer under the I-TRACK Foundation, with each certificate corresponding to 1 MWh of verified renewable electricity generation. I-REC demand in Colombia has surged, with redemptions climbing roughly 85% year-on-year to reach approximately 4 TWh, driven largely by multinationals and RE100-committed corporate buyers with local operations.
Colombia also operates its own domestic renewable certificate, EcoGox, managed by grid operator XM. Similar in function to closed domestic GEC (Green Energy Certificate) schemes used elsewhere in Asia, EcoGox tracks renewable attributes within Colombia's national grid, but for Renewable Energy Certificate claims that need to be recognised internationally by frameworks such as RE100, CDP and the GHG Protocol, the globally interoperable I-REC standard remains the instrument of choice for cross-border corporate reporting.
Colombia's E2050 Long-Term Climate Strategy, submitted to the UNFCCC in 2021, sets a Net-Zero target for 2050, targeting a 90% cut in greenhouse gas emissions from 2015 levels, with the remaining share balanced by nature-based and technological removals. Colombia's third NDC, submitted in December 2025, commits to an absolute emissions cap of 155–161 MtCO₂eq by 2035 and adds a dedicated Loss and Damage component. On the carbon market side, Colombia's national carbon tax, established under Law 1819 of 2016, lets companies offset part of their tax liability by purchasing domestic carbon credits registered with RENARE (the National Registry for the Reduction of Emissions and Removal of Greenhouse Gases), administered by the Ministry of Environment and Sustainable Development (MADS), subject to a cap introduced by Law 2277 of 2022.
Colombia does not yet mandate ESG Reporting for all companies, but sustainability disclosure is increasingly expected of listed issuers and large corporates, particularly around greenhouse gas emissions, renewable electricity sourcing and progress toward national climate goals — an area where verifiable, third-party-tracked certificates carry more weight than self-reported claims.
Hestiya's Colombia Carbon Credits Marketplace and I-REC Marketplace enable organisations to purchase verified Renewable Energy Certificates, access RENARE-registered carbon credits, and support renewable energy procurement, all while meeting Colombia ESG and sustainability targets. The platform also functions as a Green Energy Certificate-style marketplace for buyers who need documented proof of renewable electricity consumption tied directly to Colombia-based generation assets.
Centralised and small-scale solar remain Colombia's fastest-scaling renewable segment, concentrated on the Caribbean coast, supporting I-REC-backed corporate Renewable Energy Certificate claims.
La Guajira's world-class wind resources anchor a growing onshore wind pipeline, adding a renewable electricity supply eligible for certificate issuance and strengthening the case for Colombia Energy Attribute Certificate adoption.
Large and small hydropower plants, alongside biomass generation, continue to underpin Colombia's grid and add a renewable electricity supply eligible for I-REC issuance.
Bundled and unbundled I-REC trades support direct corporate renewable offtake and Scope 2 Renewable Energy Certificates claims for large electricity users, including multinationals with Colombian operations.
Domestic mitigation and forest conservation projects registered with RENARE let companies offset a share of Colombia's carbon tax liability with verified, project-based carbon credits.
Companies sourcing Colombian climate assets through Hestiya can support a full range of Colombia ESG and sustainability needs, from documenting renewable electricity use to substantiating carbon reduction claims in annual sustainability disclosures. These reporting requirements are increasingly tied to verifiable, third-party-trackable certificates rather than self-reported estimates, and Hestiya's marketplace is built to meet that bar, including alignment with Colombia's RENARE registry and national carbon tax framework.
Specifically, Colombia's climate assets purchased through Hestiya can support:
I-REC (International Renewable Energy Certificate) is Colombia's internationally recognised Energy Attribute Certificate, issued by Fundación ECSIM, the country's accredited Issuer under the I-TRACK Foundation. EcoGox, by contrast, is a domestic renewable certificate managed by grid operator XM — functionally similar to a closed GEC (Green Energy Certificate) scheme. For Renewable Energy Certificate claims that need to be recognised by RE100, CDP or the GHG Protocol outside Colombia, I-REC is the standard buyers rely on.
Buyers can purchase certificates directly from registered generators, negotiate through power traders and utilities such as Celsia, or source them through a verified marketplace like Hestiya, with issuance and redemption recorded through Fundación ECSIM's registry.
Verified I-RECs from solar, wind, hydropower and biomass projects, alongside RENARE-registered carbon credits tied to Colombia's national carbon tax framework — all with blockchain-tracked ownership and retirement records suited to formal disclosure.
Yes. I-REC is recognised by RE100, CDP and the GHG Protocol as a valid Energy Attribute Certificate, making it usable evidence for Scope 2 Renewable Energy Certificates claims under the GHG Protocol's market-based method.
Colombia's E2050 Long-Term Climate Strategy targets Net-Zero emissions by 2050, cutting greenhouse gas emissions 90% from 2015 levels, reinforced by its third NDC (December 2025) absolute emissions cap of 155–161 MtCO₂eq by 2035. Verified I-REC and RENARE-registered carbon credit purchases give companies operating in Colombia a documented way to support that transition alongside their own Net-Zero plans.
Solar is the fastest-scaling source, concentrated on the Caribbean coast, while La Guajira's world-class wind resources anchor a growing pipeline, alongside Colombia's long-standing hydropower base. A mandated 10% supply share for non-conventional renewables (FNCER) has been in effect since 2023, and the country reached roughly 4 GW of installed renewables in early 2026, about 17% of the national power mix.
The two instruments serve different purposes: an I-REC certifies that a unit of renewable electricity was generated, while a RENARE-registered carbon credit represents a verified emissions reduction elsewhere in the economy, often from forest conservation or land-use projects. Companies subject to Colombia's carbon tax can use these credits under the non-causation mechanism to offset part of their tax liability, giving them a complementary tool alongside renewable procurement in pursuit of broader Decarbonization goals.
Insufficient data to determine trend.
The market outlook for Colombia is cautious based on current trends.
LOW trading activity observed with 0 active records.